Soyabean Prices Ended With Losses Triggered By Subdued Demand

Soyabean trading range for the day is 3734-3860.

Soyabean prices ended with losses triggered by subdued demand at the domestic spot market and higher output projection.

India's 2018-19 soybean output is projected 24.7% higher at 13.69 million tons as per second advance estimates released by agriculture ministry.

As per the Second Advance Estimates for 2018-19 crops, Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes.

At the Indore spot market in top producer MP, soybean dropped -18 Rupees to 3913 Rupees per 100 kgs.

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